Bitcoin
Bitcoin (BTC)
$95,289.00 0.00234
Bitcoin price
Ethereum
Ethereum (ETH)
$3,606.02 -0.23059
Ethereum price
BNB
BNB (BNB)
$650.10 2.0469
BNB price
Solana
Solana (SOL)
$226.00 -0.25284
Solana price
XRP
XRP (XRP)
$2.66 14.32626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000294 0.99969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000205 1.11922
Pepe price
Bonk
Bonk (BONK)
$0.0000426 0.53239
Bonk price
dogwifhat
dogwifhat (WIF)
$3.20 3.80569
dogwifhat price
Popcat
Popcat (POPCAT)
$1.27 9.52013
Popcat price
Bitcoin
Bitcoin (BTC)
$95,289.00 0.00234
Bitcoin price
Ethereum
Ethereum (ETH)
$3,606.02 -0.23059
Ethereum price
BNB
BNB (BNB)
$650.10 2.0469
BNB price
Solana
Solana (SOL)
$226.00 -0.25284
Solana price
XRP
XRP (XRP)
$2.66 14.32626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000294 0.99969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000205 1.11922
Pepe price
Bonk
Bonk (BONK)
$0.0000426 0.53239
Bonk price
dogwifhat
dogwifhat (WIF)
$3.20 3.80569
dogwifhat price
Popcat
Popcat (POPCAT)
$1.27 9.52013
Popcat price
Bitcoin
Bitcoin (BTC)
$95,289.00 0.00234
Bitcoin price
Ethereum
Ethereum (ETH)
$3,606.02 -0.23059
Ethereum price
BNB
BNB (BNB)
$650.10 2.0469
BNB price
Solana
Solana (SOL)
$226.00 -0.25284
Solana price
XRP
XRP (XRP)
$2.66 14.32626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000294 0.99969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000205 1.11922
Pepe price
Bonk
Bonk (BONK)
$0.0000426 0.53239
Bonk price
dogwifhat
dogwifhat (WIF)
$3.20 3.80569
dogwifhat price
Popcat
Popcat (POPCAT)
$1.27 9.52013
Popcat price
Bitcoin
Bitcoin (BTC)
$95,289.00 0.00234
Bitcoin price
Ethereum
Ethereum (ETH)
$3,606.02 -0.23059
Ethereum price
BNB
BNB (BNB)
$650.10 2.0469
BNB price
Solana
Solana (SOL)
$226.00 -0.25284
Solana price
XRP
XRP (XRP)
$2.66 14.32626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000294 0.99969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000205 1.11922
Pepe price
Bonk
Bonk (BONK)
$0.0000426 0.53239
Bonk price
dogwifhat
dogwifhat (WIF)
$3.20 3.80569
dogwifhat price
Popcat
Popcat (POPCAT)
$1.27 9.52013
Popcat price

Popcat price forms a risky pattern, pointing to a 25% dive

popcat-price-forms-a-risky-pattern-pointing-to-a-25-dive
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Markets
Popcat price forms a risky pattern, pointing to a 25% dive

Popcat, the third-largest Solana meme coin, has been left behind in the ongoing crypto bull run, with a potential risk of a bearish breakout.

Popcat (POPCAT) retreated to $1.43 on Tuesday, Nov. 12, down 18% from its highest level this year.

While Popcat has risen by just 14% over the past seven days, Dogecoin (DOGE) has surged 128% in the same period, and tokens like Shiba Inu, Pepe, Dogwifhat, and Bonk have all jumped by over 40%. These tokens rallied following Donald Trump’s election win, which raised hopes for friendlier regulations in the U.S.

A possible reason for Popcat’s underperformance is investor rotation into other coins. Despite this, Popcat remains one of the best-performing cryptocurrencies of the year, having surged over 250,000% from its lowest level.

Some analysts see potential upside for Popcat in the near term. In a post on X, popular analyst Professor Astrones, who has over 187,000 followers, suggested the coin could reach between $10 and $20.

Popcat price may be at risk of a big dive

Popcat price forms a risky pattern, pointing to a 25% dive - 1
Popcat price chart | Source: crypto.news

Popcat’s token price has performed well this year, reaching a record high of $1.8132. It flipped the key resistance level at $1 on Oct. 4, signaling bullish control.

Popcat remains above its 50-day and 100-day Exponential Moving Averages, which is generally a bullish sign. However, it has formed a double-top pattern at $1.7268 with a neckline at $1.1810, one of the most common bearish reversal signals in the market.

Additionally, it is in the process of forming a bearish engulfing candlestick pattern, indicating potential for a downward trend. If this bearish pattern holds, Popcat could fall to the neckline at $1.18, approximately 21% below the current level. A drop below this neckline could lead to further downside toward $1.

On the other hand, a move above the double-top level of $1.7270 would suggest potential gains, possibly up to the resistance level at $2.